The Influencers Journey

The Math Equation To Achieve Financial Goals

August 12, 2019 Mike Raber & Maggie Mongan Season 1 Episode 9
The Influencers Journey
The Math Equation To Achieve Financial Goals
Show Notes

There’s a new conversation happening out there in the business world and lucky for you, you're listening to a great small business podcasts that is going teach you about what’s required to achieve small business success in the 21st century!

This is such a big topic that there’s even a book series designed to guide the conversation and help small business owners excel with new practical and tactical strategies and techniques! 

Here’s the name of the book every small business owners should read:

Brilliant Breakthroughs for the Small Business Owner: (Fresh Perspectives on Profitability, People, Productivity, & Finding Peace in Your Business)

In this episode Mike Raber and Maggie Mongan discuss the dangers of not paying attention to your true hourly wage. Are you charging enough to reach you financial goals? We explore the most basic income equation. Total income goal for the year, $100,000 divvied by the number of hours worked 50 hours per week x 46 weeks equals 2300 hours worked should equal 43.50 per hour. (43.50 x 2300 = 100,050) for the year should equal annual income goal. Mike also discusses the importance of building enterprise value into your business         

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